Income Statement European Lithium Limited

Equities

EUR

AU000000EUR7

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 10:40:12 09/03/2026 am IST			5-day change	1st Jan Change
0.2300 ^AUD	-9.80%		-6.12%	+48.39%

18/02	European Lithium Finds Rare Earth Mineralization at Greenland Project	MT
10/02	European Lithium's Critical Metals Says Drilling Shows Significant, Extensive Mineralization Potential Within Greenland Project; Shares Rise 5%	MT

4939f361fa2e6107702.Ukv05jPYVrIpyjr020vYiuCAKeQThUy7AS3bM_q7WJg.GxGhoFzqBsFeu1WbuS2Nwai0Wdd-3Sv1WH-tWbj9D6gYIcOWW-gCi375ew

Published financial data: EUROPEAN LITHIUM LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	30.83T	2L	7L	5L	12.44L
Total Revenues	30.83T	2L	7L	5L	12.44L
Gross Profit	30.83T	2L	7L	5L	12.44L
Selling General & Admin Expenses, Total	10.71L	14L	17.87L	53.54L	2.67Cr
Exploration / Drilling Costs, Total	-	16.28T	-	-	4L
Stock-Based Compensation (IS)	4L	42.19L	26.14L	12.41L	4.91Cr
Depreciation & Amortization - (IS)	15.02T	10.22T	12.4T	74.07T	49.89T
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	3L	3L	1.45Cr
Other Operating Expenses	2L	4L	6L	17.14T	20.29T
Other Operating Expenses, Total	16.49L	60.42L	53.87L	69.78L	9.07Cr
Operating Income	-16.18L	-58.64L	-46.44L	-65.26L	-8.95Cr
Interest Expense, Total	-182	-	-1L	-18.4T	-8.43T
Net Interest Expenses	-182	-	-1L	-18.4T	-8.43T
Income (Loss) On Equity Invest.	-23.24T	-12.32T	-4.43T	-15.02T	10.92L
Currency Exchange Gains (Loss)	-6L	-12.23L	24.39L	52.68T	-17.9L
Other Non Operating Income (Expenses)	-16.11L	-47.06L	-11.27L	-20Cr	-45.34L
EBT, Excl. Unusual Items	-38.4L	-1.18Cr	-34.38L	-20Cr	-9.47Cr
Merger & Related Restructuring Charges	-70.99T	-2L	-75.86L	-49.68L	-46.35L
Gain (Loss) On Sale Of Investments	-38T	-5T	-11.85L	68.11L	32.54L
Gain (Loss) On Sale Of Assets	-	-	-	-	-1.46T
Other Unusual Items	-16.17T	-3L	-	-97.38L	-7L
EBT, Incl. Unusual Items	-39.65L	-1.23Cr	-1.22Cr	-21Cr	-9.68Cr
Earnings From Continuing Operations	-39.65L	-1.23Cr	-1.22Cr	-21Cr	-9.68Cr
Net Income to Company	-39.65L	-1.23Cr	-1.22Cr	-21Cr	-9.68Cr
Minority Interest	-	-	-	67.53L	2.53Cr
Net Income - (IS)	-39.65L	-1.23Cr	-1.22Cr	-21Cr	-7.15Cr
Net Income to Common Incl Extra Items	-39.65L	-1.23Cr	-1.22Cr	-21Cr	-7.15Cr
Net Income to Common Excl. Extra Items	-39.65L	-1.23Cr	-1.22Cr	-21Cr	-7.15Cr
Per Share Items
Net EPS - Basic	-0	-0.01	-0.01	-0.15	-0.05
Basic EPS - Continuing Operations	-0	-0.01	-0.01	-0.15	-0.05
Basic Weighted Average Shares Outstanding	80Cr	113.73Cr	144.44Cr	139.84Cr	142.43Cr
Net EPS - Diluted	-0	-0.01	-0.01	-0.15	-0.07
Diluted EPS - Continuing Operations	-0	-0.01	-0.01	-0.15	-0.07
Diluted Weighted Average Shares Outstanding	80Cr	113.73Cr	144.44Cr	139.84Cr	142.43Cr
Normalized Basic EPS	-0	-0.01	-0	-0.09	-0.02
Normalized Diluted EPS	-0	-0.01	-0	-0.09	-0.02
Supplemental Items
EBITDA	-16.15L	-58.54L	-46.32L	-65.08L	-8.95Cr
EBITA	-16.18L	-58.64L	-46.44L	-65.26L	-8.95Cr
EBIT	-16.18L	-58.64L	-46.44L	-65.26L	-8.95Cr
Normalized Net Income	-24L	-73.79L	-21.49L	-12Cr	-3.39Cr
Interest on Long-Term Debt	182	-	-	18.4T	8.43T
Supplemental Operating Expense Items
Advertising Expense	1L	1L	1L	-	-
Selling and Marketing Expenses	1L	1L	1L	-	-
General and Administrative Expenses	5L	7L	6L	30.96L	2.01Cr
Exploration/Drilling Costs	-	16.28T	-	-	4L
Stock-Based Comp., Other (Total)	6L	42.19L	26.14L	12.41L	4.91Cr
Total Stock-Based Compensation	6L	42.19L	26.14L	12.41L	4.91Cr

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	54.22L	3.3Cr	1.31Cr	57.79L	2Cr
Total Cash And Short Term Investments	54.22L	3.3Cr	1.31Cr	57.79L	2Cr
Accounts Receivable, Total	9.38T	26.99T	83.8T	1L	75.35T
Other Receivables	2L	3L	2L	13.6L	2L
Notes Receivable	-	10.14L	-	25.73L	-
Total Receivables	2L	13.29L	3L	40.52L	2L
Prepaid Expenses	29.89T	2L	30.13T	25.01L	15.62L
Other Current Assets, Total	26.49T	6T	6.49T	17.21L	17.21L
Total Current Assets	56.63L	3.45Cr	1.35Cr	1.41Cr	2.36Cr
Gross Property Plant And Equipment	3.81Cr	4.42Cr	5.28Cr	5.35Cr	6.08Cr
Accumulated Depreciation	-51.09T	-23.45T	-38.29T	-1L	-2L
Net Property Plant And Equipment	3.8Cr	4.42Cr	5.27Cr	5.33Cr	6.07Cr
Long-term Investments	5L	5L	54.32L	1.99Cr	18Cr
Other Long-Term Assets, Total	30.81T	29.49T	81.88T	2.26Cr	2.37Cr
Total Assets	4.43Cr	7.93Cr	7.17Cr	11Cr	29Cr
Liabilities
Accounts Payable, Total	10L	7L	49.63L	97.95L	44.84L
Accrued Expenses, Total	-	-	-	93.93L	2.33Cr
Short-term Borrowings	4L	-	-	18.87L	19.02L
Current Portion of Leases	-	-	-	43.25T	46.64T
Other Current Liabilities	4L	75.73T	5L	6.98Cr	6.25Cr
Total Current Liabilities	17.07L	7L	54.14L	9.09Cr	9.22Cr
Long-Term Leases	-	-	-	64.72T	21.68T
Other Non Current Liabilities	-	-	-	2.25Cr	2.29Cr
Total Liabilities	17.07L	7L	54.14L	11Cr	12Cr
Common Stock, Total	3.68Cr	8.06Cr	7.57Cr	15Cr	15Cr
Retained Earnings	-18.34L	-1.42Cr	-2.64Cr	-23Cr	-29Cr
Comprehensive Income and Other	76.02L	1.21Cr	1.69Cr	8.7Cr	26Cr
Total Common Equity	4.26Cr	7.86Cr	6.63Cr	61.49L	12Cr
Minority Interest	-	-	-	-97.61L	5.47Cr
Total Equity	4.26Cr	7.86Cr	6.63Cr	-36.11L	17Cr
Total Liabilities And Equity	4.43Cr	7.93Cr	7.17Cr	11Cr	29Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	93Cr	140.02Cr	139.42Cr	139.81Cr	144.67Cr
ECS Total Common Shares Outstanding	93Cr	138.3Cr	140.73Cr	139.81Cr	144.52Cr
Book Value / Share	0.05	0.06	0.05	0	0.08
Tangible Book Value	4.26Cr	7.86Cr	6.63Cr	61.49L	12Cr
Tangible Book Value Per Share	0.05	0.06	0.05	0	0.08
Total Debt	4L	0	0	19.95L	19.7L
Net Debt	-50.65L	-3.3Cr	-1.31Cr	-37.84L	-1.81Cr
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-97.61L	5.47Cr
Equity Method Investments, Total	5L	5L	7L	1.85Cr	18Cr
Account Code - Inventory Valuation	3	-	3	3	3

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	-39.65L	-1.23Cr	-1.22Cr	-21Cr	-7.15Cr
Depreciation & Amortization - CF	15.02T	10.22T	12.4T	74.07T	49.89T
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	15.02T	10.22T	12.4T	74.07T	49.89T
Amortization of Deferred Charges, Total - (CF)	-	-	-	14.68L	-
(Gain) Loss on Sale of Investments - (CF)	38T	5T	11.85L	-68.11L	-32.54L
(Income) Loss On Equity Investments - (CF)	23.24T	12.32T	-4.43T	15.02T	-10.92L
Stock-Based Compensation (CF)	6L	42.19L	26.14L	12.41L	4.91Cr
Other Operating Activities, Total	9L	45.35L	9L	18Cr	-1.05Cr
Change In Accounts Receivable	-149	-3L	64T	-36.47L	12.33L
Change In Accounts Payable	-2L	-3L	3L	86.86L	76.73L
Change in Other Net Operating Assets	-	-	-50T	64.35L	34.81L
Cash from Operations	-25.61L	-41.2L	-71.59L	-2.08Cr	-2.48Cr
Capital Expenditure	-31.14L	-82.58L	-3L	-16.06L	-22.67L
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-30.28L	76.23L	-80.96L
Investment in Marketable and Equity Securities, Total	-1L	-2L	-35.99L	-	69.54L
Other Investing Activities, Total	-	-4L	-5.48T	-	-6L
Cash from Investing	-32.39L	-88.45L	-69.1L	60.17L	-40.2L
Short Term Debt Issued, Total	10L	-	-	90.52T	23.71L
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	10L	-	-	90.52T	23.71L
Short Term Debt Repaid, Total	-6L	-10L	-12.5L	-22.9L	-
Long-Term Debt Repaid, Total	-12.66T	-	-	-31.91T	-48T
Total Debt Repaid	-6L	-10L	-12.5L	-23.22L	-48T
Issuance of Common Stock	1.13Cr	4.38Cr	40.91L	1.17Cr	4.39Cr
Repurchase of Common Stock	-	-	-86.02L	-13.02L	-
Other Financing Activities, Total	-7L	-22.82L	-44.45T	-4L	-33.77L
Cash from Financing	1.09Cr	4.06Cr	-58.05L	78.23L	4.29Cr
Foreign Exchange Rate Adjustments	-4.14T	-10.25T	18.38T	-4L	2L
Net Change in Cash	51.22L	2.76Cr	-1.99Cr	-73.66L	1.42Cr
Supplemental Items
Cash Interest Paid	182	-	-	-	-
Cash Income Tax Paid (Refund)	-	-	-	10L	-
Levered Free Cash Flow	-39.8L	-95.6L	52.15L	7.27Cr	90.51L
Unlevered Free Cash Flow	-39.8L	-95.6L	52.78L	7.27Cr	90.56L
Change In Net Working Capital	5L	18.66L	-58.33L	-7.56Cr	-1.81Cr
Net Debt Issued / Repaid	4L	-10L	-12.5L	-22.31L	23.23L

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	-2.48	-5.93	-3.84	-4.49	-28.01
Return on Total Capital	-2.58	-6.03	-4.01	-12.61	-59.91
Return On Equity %	-10.28	-20.34	-16.86	-678.11	-105.95
Return on Common Equity	-10.28	-20.34	-16.86	-568.11	-105.31
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	3.47T	788.82	240.51	1.18T	2.14T
EBITDA Margin %	-5.24T	-3.3T	-623.51	-1.44T	-7.19T
EBITA Margin %	-5.25T	-3.31T	-625.18	-1.44T	-7.19T
EBIT Margin %	-5.25T	-3.31T	-625.18	-1.44T	-7.19T
Income From Continuing Operations Margin %	-12.86T	-6.94T	-1.64T	-47.03T	-7.78T
Net Income Margin %	-12.86T	-6.94T	-1.64T	-45.54T	-5.75T
Net Avail. For Common Margin %	-12.86T	-6.94T	-1.64T	-45.54T	-5.75T
Normalized Net Income Margin	-7.78T	-4.16T	-289.25	-26.81T	-2.72T
Levered Free Cash Flow Margin	-12.91T	-5.39T	701.96	16.09T	727.4
Unlevered Free Cash Flow Margin	-12.91T	-5.39T	710.51	16.09T	727.82
Asset Turnover
Asset Turnover	0	0	0.01	0	0.01
Fixed Assets Turnover	0	0	0.02	0.01	0.02
Receivables Turnover (Average Receivables)	4.33	9.76	13.41	4.46	12.81
Short Term Liquidity
Current Ratio	3.32	46.04	2.49	0.15	0.26
Quick Ratio	3.28	44.45	2.48	0.08	0.22
Operating Cash Flow to Current Liabilities	-1.5	-5.5	-1.32	-0.23	-0.27
Days Sales Outstanding (Average Receivables)	84.37	37.4	27.22	82.06	28.49
Long Term Solvency
Total Debt/Equity	0.84	-	-	-55.24	1.13
Total Debt / Total Capital	0.83	-	-	-123.42	1.12
LT Debt/Equity	-	-	-	-1.79	0.01
Long-Term Debt / Total Capital	-	-	-	-4	0.01
Total Liabilities / Total Assets	3.86	0.95	7.55	103.29	39.79
EBIT / Interest Expense	-8.89T	-	-45.67	-354.74	-10.61T
EBITDA / Interest Expense	-8.81T	-	-45.55	-350.71	-10.61T
(EBITDA - Capex) / Interest Expense	-25.92T	-	-48.28	-438	-10.87T
Total Debt / EBITDA	-0.22	-	-	-0.31	-0.02
Net Debt / EBITDA	3.16	5.64	2.84	0.59	0.2
Total Debt / (EBITDA - Capex)	-0.08	-	-	-0.25	-0.02
Net Debt / (EBITDA - Capex)	1.07	2.34	2.68	0.47	0.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-85.04	475.52	318.67	-39.16	175.31
Gross Profit, 1 Yr. Growth %	-85.04	475.52	318.67	-39.16	175.31
EBITDA, 1 Yr. Growth %	4.62	262.56	-20.88	48.22	1.27T
EBITA, 1 Yr. Growth %	4.51	262.52	-20.8	48.22	1.27T
EBIT, 1 Yr. Growth %	4.51	262.52	-20.8	48.22	1.27T
Earnings From Cont. Operations, 1 Yr. Growth %	21.7	210.72	-0.9	1.64T	-51.67
Net Income, 1 Yr. Growth %	21.7	210.72	-0.9	1.59T	-63.33
Normalized Net Income, 1 Yr. Growth %	13.07	207.46	-71.8	5.47T	-70.5
Diluted EPS Before Extra, 1 Yr. Growth %	-5.68	116.68	-21.53	1.63T	-52.51
Accounts Receivable, 1 Yr. Growth %	92.17	187.85	210.51	41.85	-36.61
Net Property, Plant and Equip., 1 Yr. Growth %	4.17	16.25	19.23	1.19	13.74
Total Assets, 1 Yr. Growth %	19.03	79.11	-9.56	53.16	163.49
Tangible Book Value, 1 Yr. Growth %	23.2	84.53	-15.59	-90.73	636.11
Common Equity, 1 Yr. Growth %	23.2	84.53	-15.59	-90.73	636.11
Cash From Operations, 1 Yr. Growth %	186.16	60.86	-42.06	190.13	19.56
Capital Expenditures, 1 Yr. Growth %	10.12	165.16	1.18T	-67	41.16
Levered Free Cash Flow, 1 Yr. Growth %	65.22	139.47	-429.83	8.54T	-85.08
Unlevered Free Cash Flow, 1 Yr. Growth %	72.93	139.48	-498.78	8.55T	-85.07
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-52.16	-7.2	390.87	59.6	29.42
Gross Profit, 2 Yr. CAGR %	-52.16	-7.2	390.87	59.6	29.42
EBITDA, 2 Yr. CAGR %	-1.74	94.76	69.37	5.44	351.38
EBITA, 2 Yr. CAGR %	-1.77	94.65	69.44	5.49	350.77
EBIT, 2 Yr. CAGR %	-1.77	94.65	69.44	5.49	350.77
Earnings From Cont. Operations, 2 Yr. CAGR %	18.94	94.46	75.48	315.38	181.56
Net Income, 2 Yr. CAGR %	18.94	94.46	75.48	308.73	141.99
Normalized Net Income, 2 Yr. CAGR %	22	86.45	-5.37	298.77	294.58
Diluted EPS Before Extra, 2 Yr. CAGR %	-0.54	42.96	30.4	268.6	182.84
Accounts Receivable, 2 Yr. CAGR %	-51.12	135.19	198.97	109.87	-5.18
Net Property, Plant and Equip., 2 Yr. CAGR %	7.35	10.04	17.73	9.84	7.28
Total Assets, 2 Yr. CAGR %	12.99	46.01	27.27	17.69	100.89
Tangible Book Value, 2 Yr. CAGR %	14.31	50.78	24.8	-72.02	34.27
Common Equity, 2 Yr. CAGR %	14.31	50.78	24.8	-72.02	34.27
Cash From Operations, 2 Yr. CAGR %	26.48	114.55	67.19	29.65	86.25
Capital Expenditures, 2 Yr. CAGR %	-17.76	70.88	-70.13	761.75	-31.74
Levered Free Cash Flow, 2 Yr. CAGR %	-6.49	99.21	14.29	578.15	228.02
Unlevered Free Cash Flow, 2 Yr. CAGR %	-6.49	103.81	14.99	641.23	228.12
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-64.54	9.62	53.34	144.74	91.41
Gross Profit, 3 Yr. CAGR %	-64.54	9.62	53.34	144.74	91.41
EBITDA, 3 Yr. CAGR %	45.26	51.83	44.24	59.14	148.15
EBITA, 3 Yr. CAGR %	42.16	51.8	44.23	59.19	148.02
EBIT, 3 Yr. CAGR %	42.16	51.8	44.23	59.19	148.02
Earnings From Cont. Operations, 3 Yr. CAGR %	74.22	63.81	55.33	277.07	98.8
Net Income, 3 Yr. CAGR %	74.22	63.81	55.33	273.03	79.7
Normalized Net Income, 3 Yr. CAGR %	72.37	66.03	0.41	269.6	64.46
Diluted EPS Before Extra, 3 Yr. CAGR %	49.4	28.94	17.05	208.78	84.47
Accounts Receivable, 3 Yr. CAGR %	-66.71	-11.73	158.01	133.18	40.81
Net Property, Plant and Equip., 3 Yr. CAGR %	11.46	10.23	13.02	11.93	11.12
Total Assets, 3 Yr. CAGR %	11.92	31.74	24.46	35.37	53.96
Tangible Book Value, 3 Yr. CAGR %	11.24	34.1	24.27	-47.53	15.02
Common Equity, 3 Yr. CAGR %	11.24	34.1	24.27	-47.53	15.02
Cash From Operations, 3 Yr. CAGR %	-22.26	37.04	99.99	100.91	26.19
Capital Expenditures, 3 Yr. CAGR %	-	21.5	-53.86	-19.81	371.52
Levered Free Cash Flow, 3 Yr. CAGR %	150.81	28.06	29.36	163.1	78.89
Unlevered Free Cash Flow, 3 Yr. CAGR %	150.81	28.06	31.87	163.12	89.85
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-72.67	-25.83	1.44	27.4	43.28
Gross Profit, 5 Yr. CAGR %	-72.67	-25.83	1.44	27.4	43.28
EBITDA, 5 Yr. CAGR %	-39.63	53.4	54.46	31.22	125.23
EBITA, 5 Yr. CAGR %	-38.99	48.32	52.5	31.24	125.11
EBIT, 5 Yr. CAGR %	-38.99	48.32	52.5	31.24	125.11
Earnings From Cont. Operations, 5 Yr. CAGR %	-26.99	9	74.72	137.67	97.05
Net Income, 5 Yr. CAGR %	-26.99	9	74.72	136.14	85.47
Normalized Net Income, 5 Yr. CAGR %	-27.46	57.72	35.6	137.24	74.04
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-11.72	41.49	96.27	66.59
Accounts Receivable, 5 Yr. CAGR %	183.72	6.12	-19.9	24.81	72.88
Net Property, Plant and Equip., 5 Yr. CAGR %	17.38	15.47	13.93	10.07	10.69
Total Assets, 5 Yr. CAGR %	20.36	28.23	17.82	25.93	50.73
Tangible Book Value, 5 Yr. CAGR %	20.84	28.58	16.48	-28.35	28.18
Common Equity, 5 Yr. CAGR %	20.84	28.58	16.48	-28.35	28.18
Cash From Operations, 5 Yr. CAGR %	149.81	-9.84	5.6	66.96	94.38
Capital Expenditures, 5 Yr. CAGR %	50.05	313.42	-	-19	-4.33
Levered Free Cash Flow, 5 Yr. CAGR %	-20.67	71.09	83.26	74.05	30.31
Unlevered Free Cash Flow, 5 Yr. CAGR %	-20.67	71.09	83.71	74.06	31.52